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they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of the year, that would brick the overall tax rate for higherners in rainfall -- high earners to 51%. >>> this afternoon, president obama will visit a family in northern virginia. he will be talking about the importance of congress extending tax cuts for middle- klaas americans. it's all -- middle-class americans. it's tall about taking action to avoid the fiscal cliff by the end of the month. >>> back here, san jose police investigating a dadly hit and run. last night a man believed to be in his 50s was killed while crossing the intersection at white and kimby roads. he's the -- qwimby roads. the investig
they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of...
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superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at
superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of...
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sandy. he's been out here for a few days dealing with the problems, he's going back to new york city today because the cleanup continues back there. in the bay area, water coming up here, trees coming down, 900 people without power in san rafael. that's the story so far the heaviest rain still on the way. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today. a section of that road collapsed. vine hill road is an escape route for santa cruz in case of an emergency he advantage . fixing the road will take one month. -- >>> in san francisco the department of public works preparing for more rain. crews answered 40 calls to clear trees and branches from the streets during last sunday's storm. they've been checking out vulnerable trees. dpw is offering free sandbags. stay with abc7 news for continuing storm watch coverage, you can track the storm any time with live doppler 7 hd at abc7news.com. if you take good photos or video we want
sandy. he's been out here for a few days dealing with the problems, he's going back to new york city today because the cleanup continues back there. in the bay area, water coming up here, trees coming down, 900 people without power in san rafael. that's the story so far the heaviest rain still on the way. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today. a section of that road collapsed. vine hill road is an escape...
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Dec 8, 2012
12/12
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sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report shows. a big drop in the nations unemployment. last month, 146- thousand jobs were added in the u-s. right now, the unemployment rate is 7-point-7 percent. that number does not include people who have stopped looking for work. still - it is the lowest percentage in 4-years. kron 4's justine waldman has a closer look at employment growth here in the bay area. and shows us where the jobs are here >> according to the california employment development department. there are jobs in the bay area. you just n
sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs...
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superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was going to get a response, but i did want to at least make my voice heard. >> president obama says he'll only sign off on a budget deal that includes a tax hike for the wealthiest americans. republicans say they want to generate additional tax revenue by closing tax loopholes and eliminating some deductns. >>> the budget stalemate is taking its toll on maryland and virginia's governments.
superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an...
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sandy. >>> apple fans, did you know all your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the united states, it's a big deal. and it's a big differentiator for this country. >> the plan did make apple products before the company moved production overseas. >>> zynga is a leader in virtual poker but it wants to get into real money gambling. they filed an application with the nevada gaming parole board, a process that could take up 18 moments. shares rose 17% after that announcement. >>> encouraging news on diet and breast cancer. micro nutrients found in fruits and vegetables have cancer fighting properties. women who eat fresh produce may reduce their risk. there is evidence that the micro nutrients keep tumors from growing as well. there's new evidence that pro teen can help reduce
sandy. >>> apple fans, did you know all your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the united states, it's a big deal. and it's a big differentiator for this country. >> the plan did...
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economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is investigating nexflix and the company's ceo. reid hastings is dismissing the claim that the facebook post may have boosted the stock price. at the time hastings mentioned how much nexflix viewing had increased. you have to be really careful what you post on facebook. >> my coe anchor is happy because she's a huge heavy meal fan and now metallica is streaming its video. >> i didn't know i was a fan. >> you're getting ready to rock out because fans of metallica can stream the band's music on spotify. in fact in 2000, metallica filed a lawsuit against napster accusing them of copy right infringement. they can now listen
economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is...
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. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught. authorities in guatemala say he was arrested for illegal entering the country. >>> the national weather service looking to change its hurricane warning system in the wake of superstorm. the agency said that it might start issuing watches and warnings for life threatening loer hurricanes or tropicalf or. critics argue that people in the rtheast didn't realize the dangers ofilled more than people in the u.s. now backoreta. thanks for wch fox. have a great night. >> you're the president of the united states. you've g t mighty pen out the b. bail out the amecan people th't have homes for the h
. >> greta: victims of superstorm sandy blasting the feds in a 60 seconds. first, let's go to the new york newsroom where ainsley earhardt is standing by with the headlines. >> police arresting software guru john mcafee in guatemala. he crossed into the country to evade authorities in belize who want to question him in connection with the murder of his neighbor. mcafee maintains he's innocent and he says that he left because he's afraid police will kill him if he's caught....
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the labor department says superstorm sandy did not significantly impact the number of jobs created last month. >>> military vets in the bay area have an advantage in the hiring process if they are interested in working at rapid transit. bart board of directors approved new hiring policy giving military vets press -- preference in the hiring process. starting january 1st the policy will give candidates 5% chance overcome . bart says those eligible must have at 181 days of active status and honorably discharged. >>> starting this morning wells fargo will begin granting $20,000 to east bay home owners who qualify for down payment assistance. part of a settle with the justice department. wells fargo offering five millions in assistance in areas most impacted by the housing crisis, to see if you qualify stop by the oakland convention center marriott hotel on broadway the two-day event runs from 10 to 7, today and tomorrow. >>> weather for those events should be fine, dry and we are going to start to warm up. this morning it is hard to believe. >> kind of chilly out there this morning, even c
the labor department says superstorm sandy did not significantly impact the number of jobs created last month. >>> military vets in the bay area have an advantage in the hiring process if they are interested in working at rapid transit. bart board of directors approved new hiring policy giving military vets press -- preference in the hiring process. starting january 1st the policy will give candidates 5% chance overcome . bart says those eligible must have at 181 days of active status...
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with frustrated homeowners still waiting for help from superstorm sandy... the head of the federal emergency management agency testified before u-s lawmakers today . >> we have seen long response times because of fema because of every detail. >> the house transportation and infrastructure committee held a hearing... on the agency's response to the storm ... and touched on all the trouble people faced in the north east.. despite prepositioning of certain assets, we still saw massive fuel shortages, people in places like staten island who did not have help for days, and millions we've seen meaningful rebuilding. we don't want to see, from ny and nj, still haggling with fema over every different doorknob and light switch. we will be back. sleep train has your ticket to tempur-pedic. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back guarantee,
with frustrated homeowners still waiting for help from superstorm sandy... the head of the federal emergency management agency testified before u-s lawmakers today . >> we have seen long response times because of fema because of every detail. >> the house transportation and infrastructure committee held a hearing... on the agency's response to the storm ... and touched on all the trouble people faced in the north east.. despite prepositioning of certain assets, we still saw massive...
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. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it still was. >>> dispute over the price of crab keeping boats in port in san francisco, half moon bay and bodega bay before thanksgiving fishermen were earning $3 a pound prices took a dive after the holiday. fish brokers are paying $1.80. last year fishermen were on strike for weeks until they reached an agreement. >>> 5:57. it is raiders day on abc 7 fans are already pumped up. >>> watery mess in san francisco causing problems for commuters right now. why the driver who hit this hydrant is in jail this morning. >>> he did having news in east bay deputies found a body alongside i-680. we are live at the sc
. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it...
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sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can look here vine hill road is an escape route for santa cruz in case of an emergency evacuation fixing the entire road will take one month. >>> in san francisco department of public works preparing for more rain crews answered 40 calls to clear trees and latch -- and large branches during last sunday's storm since then they've been checking vulnerable trees and clearing catch basins. >> stay with abc7 news for continuing storm watch coverage you can track the storm any time with live doppler at abc7news.com. if you take any good weather photos or video we want to see it, them to ureport. >>> violent night in three bay area cities where shootings have killed two and injured four. a bicyclist shot and kille
sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can look here vine hill road is an escape route for santa cruz in case of an emergency evacuation fixing...
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and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is so much fun we will tell you all about it. so, on back and we will celebrate. ... >> earlier despite having cancer, a bakersfield boy is doing something wonderful. he turns 13 next week, and his birthday wish? enough toys to give to all the other children in his hospital. this is nathan garcia. he's battling stage four brain cancer. because of that, he's had to put his dream of on hold. but it's not stopping dreams. and his parents are helping him with those. have much time left. his family plans to to the san francisco children's hospital where he's being treated.. ..and toys will also go house. local ronald
and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is...
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first of all, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly health care, which has been one of those fields that most people would say is untouchable because there's a growing need for health care as the boomer population ages and because there are consistently jobs in the health care. also computer services were strong. retail, one thing to note, it's november, people hire for the holidays. >> rebecca jarvis, thank you. >> now to the crisis in the middle east. rejecting president mohamed morsi's call for reconciliation, refusing to compromise last night as he spoke to the nation. earlier, morsi got a call from president obama afte
first of all, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly...
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>> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a bit calmer than that. probably because it was inside of a church, but folks here just as frustrated with the entire process. you may remember that the cap for fema if you received the aid and go through all the red tape is just under $32,000 which seems like a decent amount. when you're talking about the cost of living here in the new york metro area, it's kind of like small potatoes. we were talking to one couple here, their home gutted, but they want to rebuild. they have to rebuild. this is the only area they've ever known to live in here, so they have nowhere else to go. they're going to have to reach int
>> greta: outraged victims of superstorm sandy blasting president obama and fema for leaving them out in the cold. more than a month after sandy battered the east coast, many people still without electricity, others struggling to rebuild their homes. and they say the feds are not giving them the help they promised. tonight in new york, fed up victims confronting government officials. wnyw reporter is live in balance hor borbalharbour queens with t. >> reporter: this meeting was a...
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bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesrisk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines you're taking. call your doctor rht away if you have muscle pain or weakness, feel unusually tired, calhave loss of appetite, upper b
bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesrisk factors can put them at increased risk for plaque buildup in their arteries. so it's even...
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. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
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economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned, some businesses are seeing a boom, especially in the home improvement area. construction jobs, plumbers, electricians, landscapers, roofers, drywall finishers, they're all working very, very hard, getting a lot of new business. we spoke to a couple, dana that and anthony devigne know, who run their own electrical contracting business, here's what they told us. >> people want their work done right away, and we're working as hard as we can to get that done for them. >> and i'm a firm believer in taking the work while it's there, so we really don't pass up too much. if we have to work saturdays and sunda
economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned,...
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Dec 6, 2012
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sandy. find out at 8:30 a.m. eastern. and cut! very good. o geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> welcome back to "squawk box" everyone. the futures right now are at this point right around the flat line. we had seen the dow futures up by 15 points or so, it's come back down but probably a lot of people waiting to see what happens in washington because it's been driving trading for several weeks. >>> honda is expecting within two years it will export more vehicles than it imports from japan. the company says the factories will take on a larger role in global product development at that point. >>> all right, i've been wanting to ask larry some specific questions and i'm going to do it now because actually some of the stuff you talk about doug oberhelm, you teach economics, you're an economic sage so the mantra and we heard it
sandy. find out at 8:30 a.m. eastern. and cut! very good. o geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> welcome back to "squawk box" everyone. the futures right now are at this point right around the flat line. we had seen the dow futures up by 15 points or so, it's come back down but probably a lot of people...